Copper hit a four-and-a-half month high on BOJ stimulus

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Source: Forexpros

On Wednesday, copper prices climbed to the level which was the highest since May 1 on Japan's central bank announcement of fresh round of monetary stimulus. On the NYMEX, December delivery futures for copper were traded at $3.812 per pound, which was a 0.65% for the European morning trading session. Earlier, copper hit $3.838, which was the highest since May 1.

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Wed, 19 Sep 2012 15:15:06 GMT

Dollar broadly higher on Eurozone concerns

On Wednesday, the greenback was broadly higher versus its major counterparts, as Spanish financial worries supported the demand for safe haven. EUR/USD went down by 0.38%, reaching the level or 1.2996. GBP/USD fell to 1.6202, which was a 0.26% loss. USD/CHF climbed 0.18%, being traded at 0.9302. USD/CAD inched up 0.07% and was traded at 0.9748.

Wed, 19 Sep 2012 15:59:07 GMT

Gold prices hit more-than-half-a-year high on fresh monetary stimulus

On Wednesday, prices for gold reached a six-and-a-half-month high, following the BOJ's announcement about its fresh monetary stimulus. Spot quotes for gold did not change significantly and were traded at USD1,772.49 per ounce at 10:16 a.m. London time, while December delivery futures gained USD4.00 per ounce to trade at USD1,775.20.

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